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" No student of the railroad problem can doubt that a most prolific source of financial disaster and complication to railroads in the past has been the desire and ability of railroad managers to engage in enterprises outside the legitimate operation of... "
Extention of Tenure of Government Control of Railroads: Hearings...Wash. 1919 - Page 334
by United States. Congress. Senate. Interstate Commerce Committee - 1919
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New Outlook, Volume 104

1913 - 1088 pages
...public-spirited man : " No student of the railroad problem can doubt that a most prolific source of financial disaster and complication to railroads in...investing public, and, finally, to the general public, cannot be corrected after the transaction has taken place ; it can be easily and effectively prohibited."...
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Interstate Commerce Commission Reports: Reports and Decisions of ..., Volume 220

United States. Interstate Commerce Commission - Interstate commerce - 1937 - 920 pages
...of national application. No student of the railroad problem can doubt that a most prolific source of financial disaster and complication to railroads in...desire and ability of railroad managers to engage in interprlses outside the legitimate operation of their railroads, especially by the acquisition of other...
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Other People's Money: And how the Bankers Use it

Louis Dembitz Brandeis - Banks and banking - 1914 - 264 pages
...recommendations, saying: "No student of the railroad problem can doubt that a most prolific source of financial disaster and complication to railroads in...investing public, and, finally, to the general public, cannot be corrected after the transaction has taken place; it can be easily and effectively prohibited....
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Supplemental Digest of Decisions Under the Interstate Commerce Act ...

Herbert Confield Lust - Interstate commerce - 1914 - 782 pages
...development of that railroad. New England Investigation, 27 ICC 560, 616. (p) A most prolific source of financial disaster and complication to railroads in...acquisition of other railroads and their securities. New England Investigation, 27 ICC 560, 616. (q) No stocks or bonds should be issued by an interstate...
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Antitrust Legislation: Speeches in the U.S. Senate and House of Rep's 63d ...

1914 - 620 pages
...recommendations as follows: No stndent of the railroad problem can doubt that a most prolific source of financial disaster and complication to railroads in...especially by the acquisition of other railroads and securities. The evil which results, first, to the investing public, and finally to the general public,...
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Other People's Money: And how the Bankers Use it

Louis Dembitz Brandeis - Banks and banking - 1914 - 250 pages
...recommendations, saying: "No student of the railroad problem can doubt that a most prolific source of financial disaster and complication to railroads in...the past has been the desire and ability of railroad man— -<. agers to engage in enterprises outside the legiti/ mate operation of their railroads,...
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The Commodities' Clause: A Treatise on the Development and Enactment of the ...

Thomas Latimer Kibler - Interstate commerce - 1916 - 206 pages
...system of New England, said, "No student of the railway problem can doubt that a most prolific source of financial disaster and complication to railroads in...outside the legitimate operation of their railroads." The Commission recommended, therefore, that "every interstate railroad should be prohibited from expending...
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Interstate and Foreign Transportation: Hearings Before the ..., Volumes 1-10

United States. Congress. Joint Committee on Interstate and Foreign Commerce - Interstate commerce - 1916 - 716 pages
...ills. The commission said: No student of the rnllroml problem can doubt that a most prolific- source of financial disaster and complication to railroads in...outside the legitimate operation of their railroads — There we have another cause of impaired financial credit — especially by the acquisition of other...
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Interstate and Foreign Transportation: Hearings Before the Joint ..., Parts 1-12

United States. Congress. Joint Committee on Interstate and Foreign Commerce - Interstate commerce - 1916 - 1480 pages
...doubt that a most prolific source of financial disaster and complication to railroads in the past lias been the desire and ability of railroad managers to engage in enterprises outside the legitimate ration of their railroads — There we have another cause of impaired financial credit — especially...
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Interstate Commerce Commission Reports: Reports and Decisions of ..., Volume 49

United States. Interstate Commerce Commission - Interstate commerce - 1919 - 1096 pages
...of national application. No student of the railroad problem can doubt that a most prolific source of financial disaster and complication to railroads in...has taken place; it can be easily and effectively prohibiled. In our opinion the following propositions lie at the foundation of all adequate regulation...
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